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Home My WebLink About0131 , t s. Te pt~a +nd cwaYwq~tb kMp on N» Outtdi~ eow a h~ha ~iwaN on Mid 4~d «+d on at1 putpm~m and p~nooath cow.~d bv ~~?p~ p~ with dl pr~iwtia tl~~a? ptid in fvt4 fin inwru~ in tl» vwal uardwd Po1is1? lorn~. in • w~n ~owd by tM MORTGAGEE. ~nd winiMtom~ tn~w«+a M 11» ww) ~i~dsrd pol+cy lom1, In ~~w~n ~pprowd by tl» MORTtiAtiEE. N sud? oo~npany a canpMia at tM N?ORTGAGEE n~? : dinctl ~nd ~N fin ~nd wind~.~on~ Muwana pWiciN on aqr o( ~aid buildie~ ~pr i~q.M1 tlwNn o~ pirt ~Mrwl, in t!w pprepaN awn ~fa~q+ld a ' > In ~o~a Mwnoi. ~hd! oonuin Nr wwl Nand~rd inorppN dww a such alwr dww N. Nr Mwpap~ m~y rpu~n. ma?irq iM bu und~. sad po1i~ dN. Nch ~nd wwy. WYabl~ b said MORiGA(3EE a1 ib iote~M1 ~Y ~PP~~4 M~d Nth M~d ~wry urch polity ~Mfl b~ prompttY ~isqned ~nd d1~ivN~d M ~ny IwW by s.d MORtGAGEE a twrMr secwi~r ~o ~id ma~paQ. d.M, aed. nw 1at th~n ~M (10) d~ys in advana oI tM ~apM~tioe ol eacA Pakl?. 1o d~ Uwr b uid MORTGAGfE a rsmwal ~h~rtof. topHhK wirA a nuip~ fa~ tAt p?~mium of such r~walj a~d ~tw~ shatl b~ no fir~ a wir?d~~am in~wax~ plaad on any of s+~d buildi~„ any ~,tKa1 tMr~b? a pu~ Nw..of. velKt 1n tM form ud with t1~e bas Wv+bM a~fa~fdj ~nd in rM ~wM «~y win ~ of ~y bcor+w~ p~raWe u~dw such polky a polici~s saW MORTGAGfE ~hall Mv~ ~h~ option w naiw and ~ppty th~ same a+ ~aow~~ of tM ind~bted~ n~ a~cw~d Mr~by a ~o p~rmH saW 1NORTG/1GORS a npiw and.uw it a My pan ~herwf fo. wi,er Fu.po~es, wirhwr th«fb~ Wa~~;ng a Nup.ir- ~ inp ~ny pviry, lis~ or ripht unda o~ by vLtw of this mortpp~j ~nd in tM tvtnt Nid MORTGAGpRS aMll (w ~ny nason iatl to kep ~he said pr~n+lsN w tnwnd, or fail W ddiw~ pranptly any of saW poliei~s of imuranq b s+id MORTG/?GEE, a fail prompfly ro paY fvlly My premiwn tF+er~fw w in ~e?y ~~~p~N lail q p~iam, discl+u~e. ~xecuM. .~ffect. compbt~. oompfy wiM ~nd ~bid~ by this cov~nan~, a~ny pu~ Iweof, ssid MORTGAGEE may plap ~nd WY fa wd~ krwanc~ or ~ny p~rt ~Mrwf wi~how w~tvi~p or ~ff~cti~0 +~Y oPtiw4 ~Nn. p~shr: or riph~ und~. a~by vinw of ~his Mat~. and ~he futl anio~nt of ~ach W+d evKy wcfi p+yment shall b~ inr~dAtsly du~ and pyabN ~n~ sMtl b~a~ interest han th~ dat~ thereof un~il paid at tM ra1~ of nim pK oeot~m pa annum and topeihe~ wirA auch ir?ta~at shall b~ s~cund by tM li~n of this nwrtp~t. 4. To pMmit oommit w wffa no waatt, impalrm~nt q deta~ior~tion of said ptopaty or My part therwf. S. To p~r a!1 ~nd sMgular th~ cosn, clwpes ~d ~xp~nscs, i~cl~ding- a roasonabl~ atta~wy's fee a~d cosls of abitrscts of titt~, incwred o~ paid sny tims by aaW MORTGA6EE, b.cav,e a in N+e •vem of ~he f•ifure oo ih. p~n ot ~M satd MORTGAGOR ro duly, p.omprly and fvlly perfwn~, d~schary~ ~x~cutt. ~ff~q. compl~t~ complp w;th and ab:de by each a~d every ~ha stipulata+?s. ~g~eements. cooditioro, ~nd mvena~es of said promiawry not~ ~nd this mat~aQ~ any or arh~r. and iaid cosfs, ch~r9es and expKaes, sach and ~very. sMll b~ immediately du~ and payabte; whether a not thsre bt norice dr mand, sttNnpt to colkd o. wit Rend~ny: snd rhe fvl) amount ot exh_ and wery s~xh psymeM shatl bes. infereat iro.n ~hs date the~eof unril p~W at N,~ rate of ni~e per centvm per arowm; and ~II iaid cwts, chu~es and expsnses inar~red w paid, ropether with s~ch imerest, ah~ll b~ sec~red br th~ lie~ of this ~ 6. Th~t (a) in tM ~veet of~~ny bre+ch ot this Mortyape w defaul~ on the pa~t of ths N10RTGAGOR, w(b) in the evem ~ny of s~id wms of mary herein referred to be nW prompNy and fuily paid wi~hin thi?t~r (30) days next aiter the same severally become due and paysble. wi~hoW d~maod w ~otia. or in the event each and every ~he stipulations, agreeemnq, conditions and cover»nb of sa7d p~omissory rate and th~s mwtpaQe any or eith~? ~re no1 ~uly. prompNy aad fuUY perform~d. disd~rped, executed, effected, complet~d, compl~ed with and abided Sy, tMn in eithet or any such ~vem the aid ~ grc9ste wm meMioned in ssid promissoey note then remainir?g unpsid, with interest accrued, and all moneys secured hereby. sMN b~oo~ne due and p~y- abk fwthwith, or ther~aher, st the option of said MORTGAGEf, aa fully and comptetely as if all of the said wms of money weie aiginally stipulated ro be paid on such day, a~ythug In said promissory note or in this Mort9~ye lo ths comrary r?otwithsfandi~~g; and thereupo~ a thereafier at tM option of ssid MORTGAGEE, without notice w demand, wit at Isw or in ~q~ity, thaefore ot tAereatter bequn, may be prosecuted u if all moneys secursd Matby Aad malvred pria to itf irolitvtion. 7. That in ths event that at the beginning of or ~t ae~y time pendirg u~y wit upon this Mortgsge, or ro~forecloss it, w fo rofonn if, or to snfwo~ P+Yment of any dsims herevnde?, ssid MORTGAGEE shall ~pply to the Carrt having jvrisdiction thereof fw the appointment of a Receiver, wch Cour! s!?sll fathwith appoint s receiver of uid modQsged property all and sirgular, includ~ng all ~nd sirgular ths income, p~ofiri. iu~ss and revenues from vrhatever - sowce derived, ead~ and every of whrch. it beinp expressly understood. is hereby mortgaged as if apecifically set forth and desuibed in~ tM ~ranring ~nd habe~dum clsuse: hereof. and such Receiver shaU have a!1 th~ broad and effective funct;ons snd powers in anywis~ emrusted by a Coun to a Receiv~r, and such appointmeM sFwN be made by wch Cowt as an admitted equity and a r?wNer of absoluta r'ght w said MORTGAGEE. and without refe~ence ro th~ edeqwcy w inadequacy of the vslw of the prope~ty mwt9~yed w to tfie toNency a insolve~cy of said MORTGAGOR p tlx defendants, and that such ~ .enrs, profits, income, iuues snd revenues shatl b~ ~ppliad by wch Receiver acoordi~g fo ths lie,n or equiry oi said MORTGAGEE and the practice of such Court. B. To duly. promptly snd fully parform, d'nchsnp, ex~cvte. effect, cwnplete, oompty with s~+d abids ' conditions and covenann in ssid promiu+ay not~ snd this mortpage set fwth. ~~°^d every the stipulatio~s, agre~ementa, ~ 9.. That ~in the event the ownenhip of the mortgaped premises, or sny part N~ereof. becomes vested in • person other tMn the MORTGAGOR, tM MORTGAGEE, its successors and auigro, may, witla~t notice to the MORTGAOR, desl with such suotessw w succeasor i~ iMerest with reference to tha - mor~p~ge and the debt hercby secwed 'a~ the same mames as with Mortgago? without in ~ny way vitiatinp a diuharging the Mortg~go~s' liability here- under or upon the debt hereby aecured. No sale of the premises hereby mortgaged s~d no fwbear~nce on the part of ~he MORTGAGEE w ifs svccesson i w sugru and no extension of 1F~e time fa the psyment-of the debt he~eby securtd qiven by tFie MORTGAGEf a i» successo~s w usigrq, shall op~rate to rekase, dixhar9e, modify thange a effect the wiginal liability af the MORTGAGOR herein, either in whole w In put. ; 10. It is specifically sgreed that time is of the essence of this mr?trad a~d th~t no waiver of any oblgatwn hereunder or of ihe oblipation ~e- , cured hereby sh~li at ~ny time thereaher be held to be a waiver of the terms hereoi or oi the instrumeat sccwed herby. 11. In add~tion to the forego'ng monthiy payments of prirx"pal and interest required by the promissory note secured hereby, mortgsgor covensnh and•agrees to pay to mortgagee with each monthly payment an addirio~al sum estimated by mortgagee to be equal to 1/12 of the annua) cost of the folbw- ing: A-All reat properfy taxes kvied a assessed against the above described real estate. B-Premiums on fire and windstorm inswance as herein requ'ued to be carried on the improvements sit~ate o~ the above described premiaes. C-Premiums on such mortgage guaranty irtwrance as mortgagee shall (rom time to time deem fit to tarry o~ the loan secured hcreby. , ' Mortgagee shall from time to time notify mortgagor in w~iting of the amount due and payable hereunder and such sum shall thereupon be due snd . payabk on the due date of the next month?y payment and exh successive mweth the~eafter until mortgsgee shall notify mortgayw oF's change in svch amount. S~ch wms shall be applied by mortgagee toward the payment oE real p~operty taxes, insurance prem:ums, and rtwrtgage guuanty inwwnce premiVms. ~ IN W TNESS WHEREOF, rhe said RTGAGOR has he~eunto set his hand and seal the day and ycu first aforesaid. : ~ad tM nos of: ~ ! i an i i n . rc=`n STA7E OF FtORIDA ~ - St. Lucie ~ counmr oF ' 8efo~e me penonally sppeared LCOil DaV~S~ Jr. aod LiLie Pearl Igvis ~ W~r~, ~o ~ r„Qii_k„oW~ .~a ~ ro~ ro b. the individwb described in u~d who execvt~d ths for inst~umen4 and ~cknowledped before me that they executed the sam~ for ttN p~rposes ~~.e~? .~.~d. a~a tr~ ~illie Aaarl Davis wite ot rF?. s.fd Le on DKiv~s, Jr . u~,w~ . sepa.t. ~nd priv,» exam'~nsYwn by me taken sepante and eput from her said husband, adu+ow{edped to ae~d befort mt that ahe axecuted said inslrume~t fre~ly ~nd voluo- rarily and witho~rt any canp~tsion, constr~int, ~pprehens;on, or f~ar of a from her said hu~band. WITNESS my h~nd snd official seal thi. 27th day of eT A. D. i9~_ FIl.ED p ~i• L ~ '.u+d ior the Sr~t~ of 'aR: _ ~ r: ~ R ' .u:,~ ,~`p' ~i::~ - - Retum Ta. r~~ i~ first Federal Ssvings d~ Loan As~otiation ~,~Js4 ~{pUry•~y= OI nvrwl. Oi Fort Peerca ~ ~ ~ 11 S I ~ ~ ~ ~ ~ ~ . ~ PM ~ . ~ ~'4~~iM~'~'~'~,;''~. .u` Fort Pierte. Florida ~ T+ a' / G~ ' 1'„ ~ ~ ;,f ~ - - :~t?",:r t01~'f~~S ~yz:~~.=~~; ;1 This Instrument Pre red B RK,C~RC ! Pa Y ftichard K. IC~~Ars • ~ T COURT "~j First Federal Savings E~ Loan Association _ ~ of Fort Pierce Florida %t~.~ ~ "~`C~~TNI!~\~~,` ~ ~ Checked By _ r ~ i00X P~6E ~ e~lJ E ~i - ~~i ~ r _ .5~;~:. - _ - . . _ ' _ . . . . am n~"v~s's-'~-~!`~ ~ .